The MoU marks a cautious step toward real-world stablecoin payments in the UAE, with e& assessing how AE Coin could integrate into its digital channels.
e& UAE is preparing a new phase in digital payments as the company partners with Al Maryah Community Bank to test AE Coin for customer transactions. The initiative introduces a Central Bank licensed AED backed stablecoin into one of the country’s...
The Abu Dhabi Judicial Department (ADJD) has become the first government institution in the Middle East to accept cryptocurrency, allowing residents to pay for court-related services using the regulated UAE stablecoin. The move allows for the...
In a landmark development, Abu Dhabi has become the first city in the world to integrate a stablecoin pegged to its national currency into public transportation payments. Residents and visitors can now pay for taxi rides using AE Coin, a digital...
Mbank and Air Arabia have agreed to work together as the Middle East and North Africa’s biggest low-cost airline. This partnership will allow passengers to use AE Coin to pay for flights through the AEC Wallet App. As a result, Air Arabia becomes...
Air Arabia now lets travelers book flights using AE coin, a UAE-regulated stablecoin backed by the dirham
The post Air Arabia Adopts AED stablecoin for Payments in the UAE appeared first on Coinspeaker.
United Arab Emirates (UAE) granted AED Stablecoin
LLC in-principle approval to launch AE Coin, the country's regulated
stablecoin, GulfToday reported. The stablecoin issuer aims to improve payments and transactions in the region. It also seeks to...
